Mr. Speaker, our government has released new guidelines to better protect small businesses from unfair trading practices when it comes to credit cards for merchant fees. We are committed to making this code flexible and responsive to the needs of small businesses.
Let me read a quote from the Canadian Federation of Independent Business as it applauds this move. It states, “Going forward this is going to be a huge change. The saving for businesses is going to be massive”.
However, shamefully, the New Democrats voted against the code. I am not sure what they were thinking when they were opposing small businessmen.